https://www.taxtmi.com/caselaws?id=334315 The court held that the Circular by CBDT cannot restrict the Assessing Officer's discretion in processing refund claims. It emphasized the Assessing Officer's duty to objectively evaluate refund claims promptly, quashing the Circular and directing officers to decide on refunds at their discretion. The court acknowledged the Assessing Officer's authority to wait for final decisions post-notices under Section 143 (1) or 142 (2) but stressed the citizen's right to restitution. It concluded that Section 143 (1D) is valid, directing Assessing Officers to review and decide on refund claims within six weeks, ensuring fair and prompt evaluation. en-us Thu, 06 Oct 2016 00:00:00 +0530 Wed, 09 Nov 2016 15:17:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334315 The court held that the Circular by CBDT cannot restrict the Assessing Officer's discretion in processing refund claims. It emphasized the Assessing Officer's duty to objectively evaluate refund claims promptly, quashing the Circular and directing officers to decide on refunds at their discretion. The court acknowledged the Assessing Officer's authority to wait for final decisions post-notices under Section 143 (1) or 142 (2) but stressed the citizen's right to restitution. It concluded that Section 143 (1D) is valid, directing Assessing Officers to review and decide on refund claims within six weeks, ensuring fair and prompt evaluation. Case-Laws Income Tax Thu, 06 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334315